Those that cannot weather the storm get wiped out.Having cashflow positive properties provides a margin of safety you just do not have with negative cashflow.Why are you focused on buying in your backyard? 

Hey BP community,
I’m looking at a short sale property in Florida and considering making an offer. I’ve never done a short sale before, so I want to make sure I’m not missing anything important.
For those who have b...

I would do everything in my power to buy or rent in a neighborhood with the best school I could afford.

There thinking goes something like this - I can buy this great property for $5 million cash flowing $600k per year (they neglect expenses).  

These are rental houses and NO one is 100% perfect with rentals houses I dont care who you buy them from who your tenants are or who your PM is..

Buy n hold Real Estate is exactly that.

I pocked around $430 per month with limited responsibility.I was able to sell that property in 24 months to that tenant buyer and made a decent return.This doesn't make sense for every property buy lease options are a way to take a property that is sitting, to a property that is producing income while limiting your expensesAll the best!

Investment Info:Mobile home buy & hold investment.

I think most people have no idea about theses products.In these times of tight inventory, I've been promoting for years that buyers should consider these types of renovation loans, or to buy new builds.

In regards to financing, there is no issue getting financing for a new construction modular project- These are my steps: buying cash, getting a hard money loan for construction, building the homes, getting an appraisal (should be the same valuation as any other property) and finally taking a proper 30 years finance.